News for hackers. Stuff that matters.

A comment on YC's request for startups: Government 2.0. Parent comment

Re:YC's request for startups: Government 2.0 by ericb on Thursday May 23, 2019 @02:08PM (#19994287)
> It's ridiculous to suggest that an app that sends reminders of court dates will make an impact on any of these problems.

I listened to a podcast with the founder. She was impressive.

In terms of the impact of reminders, you'd be surprised. One of the student loan guarantors tried a model where they were paid more if they kept people paying their loans. Their program was very successful with just well-timed reminders and calls. It was pretty amazing.

[ Parent | on HN ]
Re:YC's request for startups: Government 2.0 by ericb on Thursday May 23, 2019 @04:12PM (#19995436)
Source: https://www.asa.org/about-us/

"...By proactively reaching out to borrowers at risk of delinquency and default, ASA helped to avert more than $120 million of loan defaults before the program was eliminated by the Department of Education."

[ Parent | on HN ]
Re:YC's request for startups: Government 2.0 by travisjungroth on Thursday May 23, 2019 @02:42PM (#19994602)
Not surprising that she was impressive. I’d argue that’s the biggest trait being a founder selects for.
[ Parent | on HN ]